Oklahoma Congressman Frank Lucas thinks it’s time the U.S. did more to promote the development of the nation’s geothermal energy. As chairman of the House Science, Space and Technology Committee, he joined Oregon Democrat, Rep. Andrea Salinas in introducing legislation to advance supercritical geothermal energy. “Oklahoma is a national leader in geothermal energy so I’m very …
Not all is right with the world for some of the shareholders of Southwestern Energy as the company prepares to merge with Oklahoma City’s Chesapakeae Energy in a more than $7 billion deal. The Houston-based company revealed in a filing with the Securities and Exchange Commission that it received “seven demand letters from purported …
Wyoming Congresswoman Harriet Hageman apparently isn’t afraid to challenge environmentalists and green energy supporters as witnessed by her latest “put your money where your mouth is” reply. In recent comments during the Wyoming Mining Association’s annual convention in Cody, Rep. Hageman said if the liberals of the country want to eliminate fossil fuels, then …
Those who believe strongly in green energy and against fossil fuels are, as the old saying goes, “between a crack and a hard place” when it comes to the discovery of a new source for lithium, the mineral used in the development of batteries for electric vehicles. The source? Wastewater from fracking. So environmentalists …
Oklahoma’s oil and gas drilling efforts suffered a big loss of four rigs over the past week as the state had only 38 rigs active in the patch, according to the latest rig information released Friday by Baker Hughes Co. The 38 active rigs compares to 44 reported in the state a year ago …
** A project centered in Utah is being developed to make cleaner ammonia with help from an unlikely source: nuclear energy. It’s a project that, if scaled, could eliminate the more than 1% of global carbon pollution production that is generated from ammonia-making, according to the Innovation News Network. ** Solar accounted for 75% of electricity generation capacity added …
Results of Chesapeake Energy’s recent annual shareholders meeting were released in a filing with the Securities and Exchange Commission. The seven members proposed for the company’s board of directors were approved by shareholders. They will serve as a director until the next annual meeting of shareholders. Director Nominee Votes For Votes Against …
Devon Energy has made known results of its early April annual meeting where 11 directors were chosen by shareholders for the current fiscal year. The filing with the Securities and Exchange Commission indicated there were 632,639,718 shares of Devon’s common stock outstanding. The eleven directors were: Barbara M. Baumann, John E. Bethancourt, Ann …
For a second consecutive day, crude oil prices recorded gains on Thursday. They rose 2% after the European Central Bank cut interest rates for the first time since 2019—something investors hope the U.S. Federal Reserve will also do in September. At the same time, OPEC+ ministers gave assurances to invesstors that their weekend output agreement …
Oklahoma regulators have agreed to allow Summit Utilities to avoid competitive bidding requirements and build and operate a hydrogen blending plant in Cushing. It paves the way toward construction of the operation. By a 2-1 vote this week, Corporation Commissioners voted to deny a recommendation of the agency’s Public Utilities Division to dismiss Summit’s …
